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Monday, November 15, 2010

South Korean central bank raises interest rates, contrary to expectations

Monday, November 15, 2010
South Korean central bank raises interest rates, contrary to expectationsSouth Korean Central bank released today decision concerning interest rates, where the bank decided to raise interest rates by 25 basis points to be at 2.50% totally opposite to what is expected after the forecasts where to keep it steady at 2.25% This hike in interest rates is the third process this year after the

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